Cost of Fair vs. Excellent Credit? $288 per Month
A borrower with a “fair” credit score could pay $103,626 more over the life of a 30-year loan compared to a similar borrower with an “excellent” score.
What If a Dead Former Owner’s Deed Shows Up Online?
RE Q&A: A buyer bought her home from a widow. But even with a death certificate, the county didn’t remove her deceased husband’s name from the deed.
In SW Fla., It’s Too Late to Sell at Top of Market
In Lee County, median sales prices are down 4%; in Collier they’re down 7%. Sales volume also dropped a bit while inventory has increased about 8%.
Mixed-Income Project Hopes to Solve Problems
A Miami low-income housing project will soon offer market-rate units. The goal is to have some lower-income tenants’ costs paid by the higher-income renters.
Mamma Mia! ABBA’s Fla. Vacation Home for Sale
For slightly less than $4M, one ABBA fan can own a piece of history. The Swedish Longhouse style Gulf Coast home duplicates the same design in a mirror style.
U.S. Housing Market Collapse? Nowhere in Sight
The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom.
Listing Inventory Is Up – But Not Across the Board
The growing number of homes listed for sale is largely in the pricier side of the market. The number of homes listed below $250K has gotten smaller in many places.
Remote Online Notarization One Step Closer
Buyers and sellers in separate states may soon find it easier to close a sale remotely after the U.S. House OK’d a bill standardizing the process the Senate will now consider.
Market Shift: More Buyers Canceling Contracts
An uptick in buyer cancellations reflects a changing market, though the specific reasons range from interest rates and recession fears to hopes for future options.
RE Q&A: Is It OK to Share Title with My Son?
Parents with good credit often want to help their children buy a house. But it’s dangerous to have your name on a mortgage and deed if you don’t control the home.